UAE – Lifeyet News https://lifeyet.com Lifeyet News Mon, 07 Oct 2024 05:50:54 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.3 https://lifeyet.com/wp-content/uploads/2024/09/cropped-images-32x32.png UAE – Lifeyet News https://lifeyet.com 32 32 UAE’s visa policies changed: How they benefit tourists, Job seekers https://lifeyet.com/uaes-visa-policies-changed-how-they-benefit-tourists-job-seekers/?utm_source=rss&utm_medium=rss&utm_campaign=uaes-visa-policies-changed-how-they-benefit-tourists-job-seekers https://lifeyet.com/uaes-visa-policies-changed-how-they-benefit-tourists-job-seekers/#respond Tue, 04 Oct 2022 12:49:22 +0000 https://www.lifeyet.com/?p=24182 Table of content 1. Green Visa 2. Expansion of the Golden Visa 3. Changes for vacationers and others Tourist visas will now allow visitors to legally enter and stay inside the UAE for 60 days, an increase from the previous 30 days. Additionally, the Job exploration visa, which seeks to effortlessly allow proficient professionals locate […]

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Table of content
1. Green Visa
2. Expansion of the Golden Visa
3. Changes for vacationers and others

Tourist visas will now allow visitors to legally enter and stay inside the UAE for 60 days, an increase from the previous 30 days. Additionally, the Job exploration visa, which seeks to effortlessly allow proficient professionals locate employment in the UAE, will not require a sponsor or host.

The United Arab Emirate’s (UAE)’s advanced Visa device, first introduced with the aid of the Federal Authority for identity, Citizenship, Customs and Ports security (ICP) final month).

Approved by UAE’s cabinet in April, the new visa policies — aimed at reforming the USA’s immigration and residency regulations — include changes consisting of longer visas for travelers, extended residency for specialists below the green Visa and an accelerated 10-year Golden Visa scheme.

Except assuaging burdens for foreigners and simplifying visa processes, the up to date visa system is an strive at “improving the first-rate of lifestyles and making the experience of living, running and making an investment inside the UAE a nice and happy one”, stated essential trendy Sultan Yousef Al Nuaimi, the Director general of Residency and Foreigners Affairs, as reported by using Gulf news.

What are the new rules and how will they impact travelers or individuals who need to paintings or live inside the UAE? We explain.

Green Visa

Introduced in September 2021, the inexperienced Visa is a form of renewable-house visa that permits foreigners to sponsor themselves for 5 years, while not having to depend on a UAE national or employer to sponsor their visa. Freelancers or self-employed humans, professional employees and traders or companions are eligible for the visa.

Inexperienced visa holders also are given greater advantages, including the capability to sponsor circle of relatives individuals, together with a partner, children and primary-diploma relative throughout their residency. Parents will be able to sponsor male kids till the age of 25, an growth from the previous age restrict of 18, while unmarried daughters and youngsters of determination (with disabilities) might be granted residence no matter age, the UAE government had said in June.

Holders can even receive an prolonged bendy grace length of up to six months if their house allow is cancelled or has expired.

Expansion of the Golden Visa

The Golden visa offers holders lengthy-time period renewable house visas for up to ten years. Those which might be eligible for the Golden visa consist of investors, marketers, individuals with terrific skills the likes of researchers, medical specialists and those inside the medical and know-how fields and great students and graduates.

Brought that allows you to entice and maintain skills in the united states of America, Golden Visas started out to be accredited in past due 2020 and within the first 12 months, 44,000 of them had been issued in Dubai on my own, UAE newspaper The countrywide mentioned.

Other than blessings which includes 100 in line with cent ownership of their businesses, the brand new visa changes provide Golden Visa holders different advantages as properly. While previously, people who lived outside the united states of America for six months misplaced their residency, the Golden Visa will now remain valid irrespective of the time they spend out of doors the UAE. there may be no restrict at the range of home labor they are able to sponsor, and the modifications will even permit the holder to sponsor their circle of relatives contributors — including spouse and children of any age — and permit own family members to stay inside the UAE even if the Golden Visa holder dies, as long as the visa remains valid.

More humans also are now eligible for the Golden Visa. skilled experts in fields including science and engineering, medicine, IT, business and administration and training can also now get hold of a 10-12 months visa, as reported by means of Khaleej times. The monthly earnings requirement has additionally been decreased to AED 30,000, from the previous restrict of AED 50,000.

Changes for vacationers and others

Traveler visas will now permit site visitors to legally input and live within the UAE for 60 days, an growth from the previous 30 days.

A five-year, flexible multi-entry visitor visa become additionally introduced that lets in them to stay within the UAE for up to 90 days in a row.

Moreover, the activity exploration visa, which seeks to effortlessly allow gifted experts locate employment inside the UAE, will not require a sponsor or host. Those who fall under the primary, Second or third ability stage class of the Ministry of Human assets and Emiratization and new graduates from the top 500 universities of the world can be eligible for the job exploration visa.

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How to Install Wall-to-Wall Carpeting https://lifeyet.com/how-to-install-wall-to-wall-carpeting/?utm_source=rss&utm_medium=rss&utm_campaign=how-to-install-wall-to-wall-carpeting https://lifeyet.com/how-to-install-wall-to-wall-carpeting/#respond Sat, 06 Aug 2022 10:35:28 +0000 https://www.lifeyet.com/?p=23958 How to install Wall-to-Wall Carpeting How to deploy Wall-to-Wall in easy and prep the floor. cut lengths of the tackless strip to shape every wall around the perimeter of the room. secure them with the pre-pushed nails into the subfloor, keeping the strip out from the wall approximately 2/3 the thickness of the carpet. make […]

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How to install Wall-to-Wall Carpeting
wall to wall carpeting

How to deploy Wall-to-Wall in easy and prep the floor. cut lengths of the tackless strip to shape every wall around the perimeter of the room. secure them with the pre-pushed nails into the subfloor, keeping the strip out from the wall approximately 2/3 the thickness of the carpet. make certain the tackless strips be part of together at the corners and the pointed pins in each strip are going through the wall.

Read more about renovation: villa renovation dubai

Measure the room to reduce the padding. a way to install Wall-to-Wall is sure to a degree from the longest factors of the room, a however degree from within the tackless strip aspect. cut the padding to fit using a straightedge and utility knife. Lay out the padding waffle facet dealing with up, and staple it alongside its side each 6″.

The padding ought to not overlap; it ought to be butted up in opposition to each other to shape an easy seam. Use an application knife to trim the excess padding that might be overlaying the tackless strips, and cowl every butted seam with duct tape.

Read more about painting : painter in dubai

Set up the Carpet Padding and a way to deploy Wall-to-Wall
measure among walls alongside the most important components of the room. switch the measurements to the carpet, including four-6″ in all instructions. cut the carpet on the back facet with a carpet knife and a straightedge. A chalk line can help move longer measurements.

the role of the cut carpet within the room, fitting the manufacturing facility reduces facet against the first wall. observed by using the opposite sides. Use a carpet knife to reduce any atypical corners of sticking out partitions and a way to deploy Wall-to-Wall.

Our products encompass carpet, curtain walls, synthetic lawn, and so forth. And expert installation and with the assurance, you may buy or install your carpet you can visit the enterprise. and notice the expert recommendations and work of the company. We supply you the first-rate satisfaction carpets across UAE.

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The Dubai betrayal – Sameer Lakhani GCP https://lifeyet.com/the-dubai-betrayal-sameer-lakhani-gcp/?utm_source=rss&utm_medium=rss&utm_campaign=the-dubai-betrayal-sameer-lakhani-gcp Tue, 31 May 2022 20:39:07 +0000 https://www.lifeyet.com/?p=29729 Investigations into Turnstar Holdings’ Dubai investments have revealed how property moghul Gulaam Abdoola was hoodwinked by a childhood friend. As things stand, Abdoola is a man burdened by a mighty weight on his shoulders. Apart from his personal millions, he also has to answer to Turnstar and the individual local investors who took his word […]

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Investigations into Turnstar Holdings’ Dubai investments have revealed how property moghul Gulaam Abdoola was hoodwinked by a childhood friend. As things stand, Abdoola is a man burdened by a mighty weight on his shoulders. Apart from his personal millions, he also has to answer to Turnstar and the individual local investors who took his word and poured their millions down the drain.

It is said that Golaam Abdoola and Uzair Razi were childhood friends who once played soccer in the streets of Gaborone, where Razi’s father worked as Head of BCCI Bank.

Further, it emerges that years later, Razi and his wife relocated to Dubai, where he worked in real estate. The two friends are said to have maintained close contact, and Razi offered to assist Abdoola as he made forays into Dubai’s eminent real estate investments.

Apparently, Razi interested Adboola in investing in a newly completed office block called Palazzo Venezia. He is said to have provided all due diligence documents to Turnstar Holdings, including a five-year pre-lease to a logistics company. It looked like a great investment, and Abdoola was hooked. But Razi had just started…

OKAVANGO JVC – The Residential Development

With Abdoola now languishing in the palm of his hand, Razi apparently came back with yet another lucrative investment – an opportunity to partner in a multi-story apartment building. Razi was looking for partners and demonstrated that the numbers were good, with high interest from potential tenants and a 9.0 percent yield. Together with his partner Sameer Lakhani, Razi presented proposed plans, costings, and projected yields to a bedazzled Abdoola. Apparently, he rushed to present the opportunity to other investors in Botswana, where he was highly regarded as a property magnate and shrewd business man. They also fell for the scam hook, line and sinker.

Razi and Lakhani then put their plan in motion. They are said to have advised Abdoola that foreigners who wanted to invest in Dubai were required to transfer funds into a Free Zone Authority, the equivalent of Botswana’s Special Economic Zones (SEZs).

The unsuspecting Botswana investors are then said to have incorporated a company called Bucephalus Holdings Limited in the Jebel Ali Free Zone Authority (JAFZA), with Abdoola as Director so he could take care of the Botswana investors’ interests. Lakhani was given power of attorney to protect the interests of Abdoola and his cohort of unsuspecting Botswana investors.

Bucephalus Holdings was set up purely as an SPV, to receive funds from investors and own the land purchased for the project. Once the project was completed, Bucephalus Holdings would transfer ownership of the units to each investor. Therefore, neither Bucephalus Holdings nor Abdoola were developers in this project. The developers were Global Capital Partners FZ-LLC, a company owned by Sameer Lakhani.

Construction began in earnest after the funds were transferred from Bucephalus Holdings into Global Capital Partners FZ-LLC. Even Abdoola was said to have been impressed with progress when he visited Dubai in September 2019.

The building was almost complete and at snagging stage. It would be ready for occupation within a few months. Because the development risk was over, Abdoola saw great potential in the project and wanted Turnstar Holdings to also be part of the project.

He later presented the opportunity to the Turnstar Board and they agreed that it was a worthy investment. The Board apparently did not bother doing due diligence. They had all the trust in their man. After all he had built Turnstar from almost nothing in 2002 to a diversified regional sub-Saharan African property loan stock company that is listed on the Botswana Stock Exchange (BSE) and boasts of property portfolios throughout Botswana and as far as Dar-es-Salaam. So the Board simply took his word.

The necessary investment agreements were signed and funds were transferred into Bucephalus Holdings. Adboola was well on his way to conquering Dubai, with the backing of Botswana’s biggest property company and a cohort of over awed local investors. And then COVID-19 hit.

Throughout 2020, Abdoola apparently accepted Razi and Lakhani’s explanation that construction had been delayed by COVID- 19. In February 2021, Abdoola is said to have received a frantic phone call from Razi, who claimed to have ‘only found out’ that Lakhani had misappropriated some of the investor funds.

Luckily, Dubai had just opened up for international travel and Adboola hopped on the next plane. He arrived in Dubai the same week and visited the construction site, where a frantic Razi told him that contractors had laid down their tools as they were owed money.

Unperturbed by Dubai’s sky scrapers, the property magnate from Botswana got to work. After all he was one of the diamond rich country’s richest men. Abdoola is said to have whipped out his cheque book and paid off the contractors. Razi then dropped another bombshell. He apparently revealed that Lakhani had not transferred ownership of the properties to Bucephalus Holdings for onward transfer to the investors. Contrary to what had been agreed, Lakhani had instead transferred ownership of the whole property to a certain Furqan Hussain, a resident of Pakistan.

While Razi feigned ignorance of the whole fracas, evidence that later surfaced in court showed that it was in fact Razi who signed and completed transfer of ownership of the project to Hussain in November 2017. Another document shows a hand-written agreement dated 26th January 2021, allocating 16 apartments each to Razi and Lakhani on condition that Razi gets the project completed. Effectively, Razi had already agreed to this deal a month before he called Abdoola about delays in completion.

Abdoola immediately retained lawyers in Dubai and ceased any more investments. He consulted with all contractors and consultants who had been involved in the building. They were shocked to discover that he was also an owner, as they only knew Razi and Lakhani, who had regularly hosted interested buyers from Africa to view the building.

Back in Botswana, Abdoola broke the news to the local investors. He told them that the building could have long been completed with their initial investments had they not been misappropriated. He further revealed that the allocations sent to them by Razi were incorrect, and they were each due more units. He concluded with revealing that he had lined up a team of high profile lawyers to commence court proceedings in Dubai.

Abdoola went back to Dubai in May 2021 to kick start the lawsuit. The investors were advised by Abdoola’s lawyers to cede their rights to Abdoola so he could effectively represent them in court. Otherwise each of them would have to pursue their own cases, which would be costly, complex and time consuming. They were also warned that the court process in Dubai could be lengthy. Abdoola put his neck on the block and undertook to pay any one of them off at any point if they so wished. After all, they had invested their hard earned money because they trusted his instinct.

Documents before court show that Razi received a commission of AED 1,442, 300 for the sale of the Palazzo Venezia to Tunstar Holdings. He also signed the transfer of ownership of the land to Furqan Hussain. In February 2022, Razi met with Rizwan Desai, Adboola’s lawyer, whereupon he declared his willingness to cooperate with Abdoola given certain concessions. He also admitted that he had disclosed information to Sunday Standard.

TURNSTAR HOLDINGS – Palazzo Venezia

Palazzo Venezia was the first opportunity that Razi presented to Abdoola. Eager to reel him in, Razi presented Abdoola with all the due diligence documents, including a five-year pre-lease to a logistics company, with a starting rental of AED 3,1 million per annum. Abdoola then instructed the Turnstar Chief Financial Officer (CFO) to come to Dubai to view the building and conduct all necessary checks and balances. The CFO agreed that the building and the returns both looked favorable.

Razi was also asked to provide a valuation for the building through a reputable company, examine the lease and verify the title deeds. As the agent and man on the ground, Razi held the power of attorney and was meant to safeguard the interests of Turnstar Holdings. Everything went well for two years as the rentals were coming in as per the lease. The rental payments stopped coming in during COVID-19. Upon inquiry, management was told that the tenant logistics company was unable to conduct its business because Emirates Airways had suspended most of its flights. A rental holiday and reduction were suggested to give the tenants some breathing space. Management agreed. After all the same lenience had been extended to Turnstar tenants in Game City and Mlimani City.

While in Dubai in March 2021, Abdoola also instructed his lawyers to look into the Palazzo Venezia matter. They were shocked to discover that the lease that was held by Turnstar was false. The building was not occupied by a logistics company, but rather various small tenants. Even the valuation given to Turnstar was based on a fake lease. Turnstar had purchased Palazzo Venezia at an inflated price. Razi and Lakhani had also inflated the rentals. The two had also withheld the four percent transfer fees that Tunstar had been levied as payment to the Lands Department. The VAT collected on the sale had also not been remitted to government.

It also emerged that Lakhani had been depositing the rentals into an account held by Palazzo Venezia, to which he was the only signatory. Razi had somehow managed to execute a resolution authorizing Lakhani to operate the bank accounts of Palazzo Venezia; purportedly as an agent of Tunstar Holdings but without notifying Tunstar Holdings. Turnstar attorneys in Dubai are pursuing civil and criminal cases against Lakhani, Razi and their accountants at GCP.

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5 years of tribal sheikh Mohammed’s leadership: a secure, sound UAE https://lifeyet.com/5-years-of-tribal-sheikh-mohammeds-leadership-a-secure-sound-uae/?utm_source=rss&utm_medium=rss&utm_campaign=5-years-of-tribal-sheikh-mohammeds-leadership-a-secure-sound-uae https://lifeyet.com/5-years-of-tribal-sheikh-mohammeds-leadership-a-secure-sound-uae/#respond Sun, 03 Jan 2021 11:12:34 +0000 https://www.lifeyet.com/?p=22918 I did my best to serve the individuals of the UAE, says sheikh Muhammad. His Highness tribal sheikh Muhammad bin Rashid Al Maktoum, the Vice-President and Prime Minister of the UAE and Ruler of Dubai has completed fifteen years because of the head of the UAE Government. Taking to Twitter on Sunday, the UAE Vice-President […]

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I did my best to serve the individuals of the UAE, says sheikh Muhammad.

His Highness tribal sheikh Muhammad bin Rashid Al Maktoum, the Vice-President and Prime Minister of the UAE and Ruler of Dubai has completed fifteen years because of the head of the UAE Government.

Taking to Twitter on Sunday, the UAE Vice-President said: “I worked to accomplish the vision of my brother, the President, His Highness tribal sheikh Khalifa bin Zayed Al Nahyan. I did my best to serve the individuals of the UAE.”

Sheikh Muhammad has announced a message particularization his journey because of the Prime Minister of the UAE.

In his special message, tribal sheikh Muhammad aforementioned that a lot of “amazing things” happened in fifteen years as he worked with “thousands of groups, at the native and federal levels”.

They all worked united team to realize the UAE President’s vision.

We introduced strategic government design principles and implemented significant legislative reforms through over fifty new laws,” tribal sheikh Muhammad said.

He listed out different achievements of the government:

>> five hundred government services born-again into good ones.

>> Federal budget was over doubled (130 per cent).

>> The UAE is the best within the world on 121 indicators.

>> The UAE passport is the strongest within the world.

>> ninety-five per cent of UAE residents feel safe.

>> The UAE economy is the second biggest within the Arab world.

>> UAE is the best in attracting foreign investments regionally.

>> The UAE has endowed Dh40 billion in housing; Dh140 billion in education; Dh94 billion in social development programmes and Dh50 billion in health and interference.

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